Kibo Mining Completes Pact with General Electric
November 21 2016 - 3:20AM
Dow Jones News
By Alex MacDonald
LONDON--Tanzania-focused Kibo Mining PLC (KIBO.LN) said Monday
it has finalized a collaboration agreement with General Electric
Co. (GE) for the latter to supply equipment, technology and
services to develop Kibo's thermal coal power plant, a part of the
company's Mbeya coal-to-power project in Tanzania.
The agreement was first announced on Sept. 16.
Kibo is developing a coal mine to supply thermal coal to a power
plant with a forecast 250-350 megawatt power generating
capacity.
-Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
November 21, 2016 03:05 ET (08:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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